The global Animal Feed Antibiotics Market is projected to reach USD 2.81 billion by 2024 and expand at a CAGR of 4.2%, reaching USD 4.33 billion by 2034.
The market’s growth is driven by the rapid expansion of animal farming and the increasing global demand for animal protein. Advancements in research and development are further propelling the industry, with a strong focus on antibiotic solutions that comply with environmental and human safety regulations. Companies are prioritizing formulations that break down faster in animals, preventing antibiotic residues from entering the food chain.
Rising consumer awareness and a shift toward sustainable antibiotic solutions are fueling innovation. Additionally, the use of antibiotics in aquaculture feed is surging due to the growing prevalence of waterborne diseases in farmed fish. Companies like Bimeda, through its Aquatactic product line, provide specialized antibiotics for fish feed, enhancing immunity and promoting healthier fish growth.
Tailoring antibiotic solutions, specifically to each animal species, is becoming increasingly prevalent. Virbac is very keen on developing the antibiotics formulation for appropriate feed mixtures that can be used in commercial farms to improve the volume and profits. Feed supplemented with antibiotics increases the feed conversion rate, hence the growth performance.
Government regulations play a significant role in the development and use of new antibiotic formulations in animal farming. Due to rising concerns over the antibiotics’ sustainability and their effect on the human healthcare system, Elanco has developed an antibiotic premix that is eliminated from an animal’s body within 3 days, and its residues are not related to human therapeutic antibiotics. In total, these factors, in combination, predict steady growth of the industry.
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Country-wise Insights
The global economic landscape is set to witness varied growth trajectories across major economies over the next decade. The Compound Annual Growth Rate (CAGR) from 2024 to 2034 highlights significant trends in economic expansion:
The USA: With a projected CAGR of 5.1%, the United States is expected to maintain steady growth, driven by technological advancements, strong consumer demand, and innovation in industries such as artificial intelligence, healthcare, and clean energy.
China: Expected to grow at a CAGR of 3.4%, China’s economy is transitioning towards high-tech manufacturing, renewable energy, and a consumer-driven market. Despite a slowdown compared to past decades, it remains a dominant player in global trade and supply chains.
India: Poised for robust expansion, India leads with a 6.4% CAGR, reflecting rapid industrialization, digital transformation, and a booming services sector. Government initiatives, infrastructure investments, and demographic advantages are key drivers of this high growth rate.
Key Takeaways from the Global Animal Feed Antibiotics Market Study:
- Companies such as Zoetis Inc, are providing a variety of antibiotic solutions with each focusing on a specific function. They provide technical support to veterinary professionals and farmers to assist in better feeding activities.
- Antibiotic manufacturer’s collaborations with animal feed manufacturing companies are boosting the use of antibiotics in animal feed. With this type of collaboration, high-quality animal feed is produced and this helps to regulate the illegal use of antibiotics in animal farming.
- The demand for natural and organic animal food is rising. This trend is considered a prominent challenge and it can lower the use of antibiotics in food-producing animals.
“Manufacturers who pursue certification and accreditations, follow the government regulations and invest in the R&D to formulate enhanced antibiotic solutions to cater to specific needs of the animals will sustain in the changing government policies and grow in the market.”, says Nandini Roy Choudhury, Client Partner at Future Market Insights .
Who is winning?
The competitive dynamics in the Animal Feed Antibiotics sector are fuelled by innovation, partnerships, and digitalization, with market players constantly adapting to changing world scenarios about the use of antibiotics in animal farming. Companies are investing heavily in research and development to formulate antibiotic solutions and incorporate them in animal feed. This enhances the antibiotic properties and offers desired health benefits to the animals.
- In 2024, Phibro Animal Health, acquired Medicated Feed Additives portfolio of Zoetis AG which will strengthen Phibro’s presence in cattle, swine, and poultry health products. This will support Phibro’s manufacturing, distribution, and commercial activities in the animal feed additives category.
- In 2023, Bimeda invested more than USD 26 million to open a new manufacturing facility in China. With this Bimeda expands its business in the Asia-Pacific region.
Some of these leaders of the Global Animal Feed Antibiotics market include Zoetis Inc., Elanco Animal Health, Merck Animal Health (MSD), Bayer Animal Health, Boehringer Ingelheim Animal Health, Phibro Animal Health Corporation, Huvepharma, Ceva Santé Animale, Virbac, Vetoquinol, Norbrook Laboratories Ltd., Huvepharma Inc., Pharmgate Animal Health, Zhejiang Hisun Pharmaceutical Co., Ltd., Jiangsu Hengrui Medicine Co., Ltd., Shandong Lukang Pharmaceutical Co., Ltd., Vetpharm Group, Bimeda and kyoritsuseiyaku.
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Key Segments of the Report
By Antibiotics Type:
As per antibiotic type, the industry has been categorized into Tetracyclines, Penicillins, Macrolides, Sulphonamides, Aminoglycosides, and Others.
By Form:
As per form, the industry has been categorized into Liquid and Powder.
By Animal Type:
This segment is further categorized into Food-Producing Animals (Poultry, Swine, Aquaculture, and Ruminants) and Companion Animals (Canines and Equines).
By Sales Channel:
As per sales channel, the industry has been categorized into B2B and B2C (Veterinary Clinics and Shops, Pharmacy Stores, and Online Portal).
By Region:
Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
Explore Animal Nutrition Industry Analysis: https://www.futuremarketinsights.com/industry-analysis/animal-nutrition
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